Australian Business Economic Impact Survey EDA SA SPN Meeting 29 th - - PowerPoint PPT Presentation

australian business economic impact survey
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Australian Business Economic Impact Survey EDA SA SPN Meeting 29 th - - PowerPoint PPT Presentation

Australian Business Economic Impact Survey EDA SA SPN Meeting 29 th April 2020 Neil McNish, Principal Consultant Background o Clients keen to understand local impacts of COVID-19 o REMPLAN impact modelling uses changes in either staffing or


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Australian Business Economic Impact Survey

EDA SA SPN Meeting – 29th April 2020 Neil McNish, Principal Consultant

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Background

Australian Business Economic Impact Survey

  • Clients keen to understand local

impacts of COVID-19

  • REMPLAN impact modelling uses

changes in either staffing or output (gross revenue) to estimate flow-on economic effects

  • No sources of data for revenue or

staffing impacts by industry sector being gathered

  • Victorian client engaged us to

undertake survey of local businesses

  • Decision by REMPLAN to expand

across the country

  • REMPLAN managed and distributed

through client base particularly local and state governments

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Week 4 Results (27th April 2020)

Number of responses by industry (19 sectors)

Australian Business Economic Impact Survey

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Week 4 Results (27th April 2020)

Percentage of responses by industry

Australian Business Economic Impact Survey

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Week 4 Results (27th April 2020)

Response count by State/Territory

Australian Business Economic Impact Survey

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Week 4 Results (27th April 2020)

Revenue impacts by industry

Australian Business Economic Impact Survey

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Week 4 Results (27th April 2020)

Revenue impacts by State/Territory

Australian Business Economic Impact Survey

Average revenue impact is -37.2%

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Week 4 Results (27th April 2020)

Staffing impacts

Australian Business Economic Impact Survey

Average staffing impact is -24.6%

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Week 4 Results (27th April 2020)

Business confidence

Australian Business Economic Impact Survey

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Week 4 Results (27th April 2020)

Business confidence variation

Australian Business Economic Impact Survey

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Week 4 Results (27th April 2020)

Immediate priorities

Australian Business Economic Impact Survey

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Week 4 Results (27th April 2020)

Operational benefits

Australian Business Economic Impact Survey

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Week 4 Results (27th April 2020)

SA revenue impacts (note: low number of responses)

Australian Business Economic Impact Survey

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Week 4 Results (27th April 2020)

National GDP estimated to fall by 6.9%

Australian Business Economic Impact Survey

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Neil McNish neil@remplan.com.au 0419 811 043 www.remplan.com.au

Thank you